The SQL Anywhere system tables rest entirely within each database, while the Adaptive Server Enterprise system tables rest
partly inside each database and partly in the master database. The SQL Anywhere architecture does not include a master database.

In Adaptive Server Enterprise, the database owner (user dbo) owns the system tables. In SQL Anywhere, the system owner (user
SYS) owns the system tables. The user dbo owns the Adaptive Server Enterprise-compatible system views provided by SQL Anywhere.